Financial Stability and Transparency
At Beaumont, you will find an exceptionally strong balance sheet and conservative fiscal policies. Our unique method of operation – resident owners working with experienced management – have enabled us to operate within our annual budget for 23 years, and escrow monies in a medical reserve fund and a capital expenditure fund.
Many other CCRCs are institutionally owned and directed by professional boards with little or no representation by residents. As a result, many have incurred significant debt, calling into question the level of future fees, care and service.
Please feel free to request our free brochure, The Economic Advantages of Beaumont.You may also call Joe Fortenbaugh, President; Susan Kendra, Chief Financial Officer; or Audrey Walsh, Director of Marketing, at 610-526-7000 for further information.
Key points for your consideration:
• No entrance fee; you become a member when purchasing your apartment or villa
• No special assessments since opening in 1988
• All-inclusive monthly service fee is based on the size of your apartment or villa
• Predictable healthcare costs and choices; on-site clinical staff and facilities
• Sound business structure and continuity
• Resident-owned real estate
• Tax and estate planning advantages.
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